ENSIS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ENSIS
Largest movements
- Financial fixed assets +€4.7m
up €4.7m (+430198.3%), from €1,100 to €4.7m
- Tangible fixed assets -€1.6m
down €1.6m (-100.0%), from €1.6m to €0
of which Land and buildings: -€1.6m
- Receivables within one year +€614,707
up €614,707 (+72.9%), from €843,100 to €1.5m
of which Trade receivables: +€485,447
- Cash +€240,125
up €240,125 (+277.2%), from €86,612 to €326,737
mainly Net result for the year (+€6.8m) and Tax, wage and social debts (+€954,554)
- Profit (loss) carried forward +€5.7m
no longer reported in 2024 (was -€5.7m)
- Debts after one year -€3.7m
no longer reported in 2024 (was €3.7m)
of which Financial debts: -€3.7m
- Reserves +€3.1m
up €3.1m (+187518.6%), from €1,662 to €3.1m
of which Distributable reserves: +€3.1m
- Revaluation surpluses -€2.0m
no longer reported in 2024 (was €2.0m)
- Tax, wage and social debts +€954,554
up €954,554 (+6622.1%), from €14,415 to €968,968
- Gross operating margin +€8.6m
up €8.6m (+1110.5%), from €777,352 to €9.4m
- Financial income -€1.9m
down €1.9m (-100.0%), from €1.9m to €802
of which Non-recurring financial income: -€1.9m
- Financial charges +€1.2m
up €1.2m (+401.4%), from €287,767 to €1.4m
of which Non-recurring financial charges: +€1.2m
- Taxes +€871,870
new in 2024: €871,870
- Depreciation -€190,834
no longer reported in 2024 (was €190,834)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,613,207 | €6,517,824 | +€3.9m | +149.4% |
| Fixed assets | 21/28 | €1,641,791 | €4,733,281 | +€3.1m | +188.3% |
| Tangible fixed assets | 22/27 | €1,640,691 | €0 | -€1.6m | -100.0% |
| Land and buildings | 22 | €1,575,315 | - | -€1.6m | |
| Plant, machinery and equipment | 23 | €65,376 | - | -€65,376 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €1,100 | €4,733,281 | +€4.7m | +430198.3% |
| Current assets | 29/58 | €971,415 | €1,784,543 | +€813,128 | +83.7% |
| Amounts receivable within one year | 40/41 | €843,100 | €1,457,806 | +€614,707 | +72.9% |
| Trade receivables | 40 | €843,100 | €1,328,547 | +€485,447 | +57.6% |
| Other amounts receivable | 41 | - | €129,259 | +€129,259 | |
| Cash at bank and in hand | 54/58 | €86,612 | €326,737 | +€240,125 | +277.2% |
| Deferred charges and accrued income | 490/1 | €41,704 | - | -€41,704 | |
| Total equity and liabilities | 10/49 | €2,613,207 | €6,517,824 | +€3.9m | +149.4% |
| Equity | 10/15 | -€2,805,016 | €4,028,634 | +€6.8m | |
| Contributions | 10/11 | €910,000 | €910,000 | = | 0.0% |
| Capital | 10 | €910,000 | €910,000 | = | 0.0% |
| Issued capital | 100 | €910,000 | €910,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,975,400 | - | -€2.0m | |
| Reserves | 13 | €1,662 | €3,118,634 | +€3.1m | +187518.6% |
| Non-distributable reserves | 130/1 | €1,662 | €58,741 | +€57,079 | +3433.9% |
| Legal reserve | 130 | €1,662 | €58,741 | +€57,079 | +3433.9% |
| Distributable reserves | 133 | - | €3,059,893 | +€3.1m | |
| Profit (loss) carried forward | 14 | -€5,692,078 | - | +€5.7m | |
| Amounts payable | 17/49 | €5,418,223 | €2,489,190 | -€2.9m | -54.1% |
| Amounts payable after more than one year | 17 | €3,726,152 | - | -€3.7m | |
| Financial debts | 170/4 | €3,660,000 | - | -€3.7m | |
| Other amounts payable | 178/9 | €66,152 | - | -€66,152 | |
| Amounts payable within one year | 42/48 | €1,692,071 | €2,489,190 | +€797,119 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €340,000 | - | -€340,000 | |
| Trade debts | 44 | €624,546 | €1,069,302 | +€444,756 | +71.2% |
| Suppliers | 440/4 | €624,546 | €1,069,302 | +€444,756 | +71.2% |
| Taxes, remuneration and social security | 45 | €14,415 | €968,968 | +€954,554 | +6622.1% |
| Taxes | 450/3 | €14,415 | €968,968 | +€954,554 | +6622.1% |
| Other amounts payable | 47/48 | €713,111 | €450,920 | -€262,190 | -36.8% |
| Non-recurring operating income | 76A | €2,994 | €8,895,456 | +€8.9m | +296990.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,834 | - | -€190,834 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,619 | - | -€10,619 | |
| Other operating charges | 640/8 | €152,958 | €141,014 | -€11,944 | -7.8% |
| Non-recurring operating charges | 66A | - | €121,623 | +€121,623 | |
| Gross operating margin | 9900 | €777,352 | €9,410,130 | +€8.6m | +1110.5% |
| Operating profit (loss) | 9901 | €422,941 | €9,147,493 | +€8.7m | +2062.8% |
| Financial income | 75/76B | €1,862,412 | €802 | -€1.9m | -100.0% |
| Recurring financial income | 75 | €0 | €802 | +€802 | +2672933.3% |
| Non-recurring financial income | 76B | €1,862,412 | - | -€1.9m | |
| Financial charges | 65/66B | €287,767 | €1,442,774 | +€1.2m | +401.4% |
| Recurring financial charges | 65 | €287,767 | €231,567 | -€56,200 | -19.5% |
| Non-recurring financial charges | 66B | - | €1,211,207 | +€1.2m | |
| Profit (loss) for the period before taxes | 9903 | €1,997,586 | €7,705,521 | +€5.7m | +285.7% |
| Income taxes | 67/77 | - | €871,870 | +€871,870 | |
| Profit (loss) for the period | 9904 | €1,997,586 | €6,833,651 | +€4.8m | +242.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,997,586 | €6,833,651 | +€4.8m | +242.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.